Undepreciated Capital Cost
Encyclopedia
Undepreciated capital cost (UCC) is the undepreciated cost of assets calculated by asset class
and written off
on a declining balance basis.
Asset allocation
Asset allocation is an investment strategy that attempts to balance risk versus reward by adjusting the percentage of each asset in an investment portfolio according to the investors risk tolerance, goals and investment time frame.-Description:...
and written off
Write-off
The term write-off describes a reduction in recognized value. In accounting terminology, it refers to recognition of the reduced or zero value of an asset. In income tax statements, it refers to a reduction of taxable income as recognition of certain expenses required to produce the income...
on a declining balance basis.